Hollande's tax boost for French firms yields 100,000 jobs: study

President Francois Hollande's flagship measure to boost France's waning competitiveness has saved or created up to 100,000 jobs, a government-sponsored study said on Thursday.
The figures on the company payroll tax credit scheme will offer limited respite to Hollande, facing a still struggling economy and record low opinion poll ratings seven months before presidential elections.
But it is unlikely to mark a turnaround in his economic record - overall, 634,000 more people are out of work now than when he came to office in May 2012.
Hollande introduced the tax credit scheme in 2013 hoping it... read more

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The flood of cheap money on offer to French firms will also likely be a trigger for a boom in corporate activity, from takeovers to capital spending and share buybacks, as the country's economic rebound gains pace, analysts said.
French firms have...